212 S Avenue A ST S, Elgin TX 78621

The market data from 7 similar recent sales in ELGIN CITY points to a value of approximately $261,339. To sell within a reasonable timeframe at fair market value, the $288,000 to $297,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in ELGIN CITY. The 1945 construction puts this home 14 years older than the comp average, a factor in the pricing. At 0.30 acres, the lot is smaller than the 1.73 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in ELGIN CITY; a buyer's market based on recent absorption. In 78621, home values have fallen approximately 8.3% over the past 6 months. One of the strongest data points is 204 E Brenham ST, Elgin TX 78621, adjusting to $256,546; with a smaller floor plan. 7 comparable transactions in ELGIN CITY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group